An investment in its offspring, Altaba, offers a high reward if management can reduce its tax liability, and it has limited downside.
NYS Entity Status
NYS Filing Date
APRIL 29, 2013
NYS DOS ID#
NYS Entity Type
DOMESTIC LIMITED LIABILITY COMPANY
2013 - LINDENHURST MOBILE LIMITED LIABILITY COMPANY
AROUND THE WEB
- Finally, Something Good From Yahoo
Sunday Jul 2, 2017
- Woody Allen’s ‘Wonder Wheel’ set to close NY Film Festival
By Deadline - Tuesday Jul 25, 2017
The film will go into limited release December 1.
- T-Mobile Raises Limit For ‘Unlimited’ Data
By Laura Northrup - Wednesday Sep 20, 2017
Savvy mobile data users know that “unlimited” does have its limits: Plans that promise unlimited data are selling only theoretically unlimited data. That’s because all carriers reserve the right to drastically cut users’ connection speed to 2G or 3G if they go over this semi-invisible limit. Now T-Mobile is raising this threshold for its for its customers, from 32 GB …
- Pennsylvania insurer’s collapse could hit Californians in wallet
By Chad Terhune - Friday Aug 11, 2017
Among all the reasons for rising health insurance premiums, this one might be the most obscure: A long-term care insurer in Pennsylvania just went belly-up.[...] failures are rare, but when they happen, other companies are responsible to help pay claims and protect policyholders through groups known as state guarantee associations.In these situations, long-term care coverage is treated as health insurance, so health insurers are liable for the payments — and some are disputing that.Industry analysts estimate that Penn Treaty has long-term claims liabilities approaching $4 billion, but only about $700 million in assets.Health insurers can pass along those costs by imposing premium surcharges, or they can shift the burden to taxpayers by paying less in state premium taxes.Anthem, the nation’s second-largest health insurer, estimates it will pay $253.8 million to cover its portion of claims.Most state guarantee associations will provide up to $300,000 for each policyholder who files a claim, but the limits vary by state.In California, more than 130,000 people who bought long-term care policies from the state workers’ retirement system received 85 percent rate hikes in recent years.Virtually all of the health insurance companies, especially the big ones, have never sold long-term care insurance,” Belth said, “so they are not appreciative of being assessed.
- Wells Fargo Forced Unwanted Auto Insurance on Borrowers
By GRETCHEN MORGENSON - Thursday Jul 27, 2017
An internal report shows customers with car loans had costly, unnecessary insurance tacked onto their bills, and 274,000 were pushed into delinquency.
- Wells Fargo, Awash in Scandal, Faces Violations Over Car Insurance Refunds
By GRETCHEN MORGENSON - Monday Aug 7, 2017
The Federal Reserve Bank of San Francisco is investigating the lender for not refunding car buyers who bought special insurance and repaid their loans early.